A published interest rate charged by commercial banks to large, strong borrowers.

The ratio calculated by dividing accounts receivable by average sales per day; indicates the average length of time the firm must wait after making a sale before receiving cash.

A long-term bond that is not secured by a mortgage on specific property.

The date on which a firm's directors issue a statement declaring a dividend.

The difference between the interest rate on a U. S. Treasury bond and a corporate bond of equal maturity and marketability.

The charge for assets used in production Depreciation is not a cash outlay.

Securities whose values are determined by the market price or interest rate of some other asset.

A warrant that can be detached from a bond and traded independently of it.

The process of officially reducing the value of a country's currency relative to other currencies.

The value of the checks which we have written but which are still being processed and thus have not been deducted from our account balance by the bank.